Lower Castaways and Aquatic Center Site Ad-Hoc Committee

Notice of Auction of Abandoned Vessels

Date: Tuesday, December 11, 2018

Time: 10 a.m.

Location: City of Newport Beach, Harbor Department, 1600 W Balboa Boulevard, Newport Beach, CA 92663

On Tuesday, December 11 at 10 a.m., the City of Newport Beach will auction the following vessels:

1- 77’ Powerboat “Energy Tech”
1- 34’ Powerboat “Espousa”
1- 41’ Sailboat “Escape”

The minimum bid for each vessel is $1,000.

NOTE: No dinghies/tenders/kayaks/SUPS are available at this auction.

Vessel Viewing

Viewing will open on Tuesday, December 11, 2018, between 8:30 a.m. and 9:59 a.m. at the City of Newport Beach, Harbor Department. Vessels are located on moorings. To view the vessels, one of the Harbormaster vessels will take interested parties to see the boat(s).

Important Information About the Auction

• Vessels are sold as is and where is.
• Minimum bid varies with each vessel.
• Payment is cash only immediately after the auction.
• The Harbor Department must retain the CF registered vessels following the auction for a 10-day redemption period before vessels are released to the successful bidder.
• Winning bidder is responsible for removing vessel from Newport Harbor by 5 p.m. the day of auction or the day following the end of the redemption period.